5A Stanley Street Claudelands, Hamilton City

Centrally located Investment property in the heart of Claudelands. The property being a block of ground level units, all with two bedrooms, good sized living areas, separate toilets, a carport and two lockup garages. The current tenants are all on periodic tenancies, and all wanting to stay on as tenants. Currently returning $900 per week, which is very modest, or $46,800 gross per annum. A rental appraisal is available on request, showing the rents at $1,125 plus per week. Given the location, this property has lots of potential for improvement to the property and your return on investment. The current owner has owned the property for the last 23 years, and has benefited from the central location.

All viewings are to be made by appointment only.